Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- Darden Restaurants (NYSE: DRI) hit a new 52-week high Friday as it is currently trading at $57.58, above its previous 52-week high of $55.84 with 1.1 million shares traded as of 10:06 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Darden has a market cap of $7.09 billion and is part of the services sector and leisure industry. Shares are up 21.3% year to date as of the close of trading on Thursday. Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Red Lobster, Olive Garden, LongHorn Steakhouse, The Capital Grille, Bahama Breeze, Seasons 52, Eddie V's Prime Seafood, and Wildfish Seafood Grille brand names. The company has a P/E ratio of 15.4, equal to the average leisure industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.